Contemporary Economic Policy articles from October 2004

Contemporary Economic Policy archives from October 2004

Limits to altruism: organ supply and educational expenditures.
October 1, 2004... The plural of anecdote is data. --George Stigler I. INTRODUCTION As most people are now aware, there is a severe and growing shortage in this country of cadaveric human organs available for transplantation. Currently, the list of...

Extramarital affairs, marital satisfaction, and divorce: evidence from Hong Kong.
October 1, 2004... I. INTRODUCTION Once the rock on which society was founded, marriage has been becoming increasingly unstable in many developed countries for the past few decades. For example, a high proportion of all first marriages in the United States...

Isolating the family cap effect on fertility behavior: evidence from New Jersey's Family Development Program experiment.
October 1, 2004... I. INTRODUCTION Welfare reforms since the 1960s have typically comprised packages or bundles of financial incentives, rule changes, and services designed to improve the Aid to Families with Dependent Children (AFDC) program. As Moffitt and...

Transferring measures of adult health benefits to children: a review of issues and results.
October 1, 2004... I. INTRODUCTION Protection of one's health is expensive. The reasons are simple. Opportunities for a person to borrow to invest in his or her health are limited because human capital, a component of which is health, makes poor collateral....

Can/should/will a niche become the norm? Organic agriculture's short past and long future.
October 1, 2004... I. INTRODUCTION Organic agriculture is essentially a different production process, compared to conventional methods, that provides a commodity with some attributes that consumers consider "higher quality" and thus more desirable than those...

Natural Resource Damage Assessment methods: lessons in simplicity from state trustees.
October 1, 2004... I. INTRODUCTION Natural resource damages can be caused by releases of hazardous materials, such as oil and toxic chemicals into the environment. The damage may be extensive, as in the case of polychlorinated biphenyl contamination of the...

Smoke-free ordinances increase restaurant profit and value.
October 1, 2004... 1. INTRODUCTION Hundreds of U.S. communities and several states and provinces inside and outside the United States have enacted policies ending smoking in restaurants and bars. The tobacco industry, working through the hospitality...

Contract-based trading programs in environmental regulation.
October 1, 2004... I. INTRODUCTION Emissions trading programs have been riding a wave of ascendancy in environmental policy since the Clean Air Act Amendments of 1990 created the Acid Rain Trading Program. This program has gone a long way to vindicate...

Examining federal Impact Aid's reimbursement for local school districts.
October 1, 2004... I. INTRODUCTION Currently, there is a large theoretical and empirical literature that has examined the demand and supply of publicly provided goods and services (Bergstrom and Goodman, 1973; Inman, 1978; Bergstrom et al., 1982; Rubinfield...

The policy anticipation hypothesis: evidence from the federal funds futures market.
October 1, 2004... I. INTRODUCTION On 2 June 2000 the U.S. Labor Department released a report indicating an increase in the unemployment rate and a surprisingly small increase in nonfarm payrolls. Bloomberg.com filed the following report: "U.S. unemployment...

Consumption and remittances in migrant households: toward a productive use of remittances.
October 1, 2004... 1. INTRODUCTION Globalization has created increased flows of goods and services as well as larger financial flows among nations. Although the number of people moving from their country of origin has not increased at the same pace as goods...

Contemporary economic Policy 2003-2004 editor's report.(Editorial)
October 1, 2004... In 2003, a total of 40 articles and 538 pages covered a broad spectrum of topics as shown in Table 1, with a breakdown by the Journal of Economic Literature topic area code. This year, 2004, we published 42 articles, compared to 38 articles in...